The SEMI ETF can be described as the “Picks & Shovels ETF Play”, providing exposure to the world’s leading semiconductor companies, exactly where the volatility has been focused this week – the ETF has fallen ~14% from its highs. With the rate of the AI buildout now coming into question, we advocate a pedantic approach to this high-flying ETF.
- We like the SEMI ETF through 2026/7, but from a risk/reward perspective, would leave some flexibility to accumulate in the $35-38 area if weakness persists.
MM would only be interested in SEMI below $38
Add To Hit List
